OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

Italian bond yields rising–from ZH readers

Posted by Richard640 @ 10:16 on June 5, 2018  
without being able to devalue lira – oops euro
Italy has lost 100,000’s of small businesses to KRAUTLAND
and run up massive deficits with master draghi buying up all it’s bankster debt
SOUTHERN STATES are doomed to massive repression and recession
25% unemployment is NORM IN THESE PLACES
tic tock boys and girls – boom boom time is coming soon
I hear the fat lady WARMING UP
*******************************************************************
William Dorritt  
Italy can pass a law with a fixed conversion rate of lira to Euro for bond payments and take this off the table overnight.
No one understand fiat money, banking and ghost books better than Italians. Germany has no hope of subjugating Italy with a set of bank books and court orders.
Besides, the banks created the money out of thin air that was loaned to Italy, it can be repaid with money created out of thin air.

No Comments

No comments yet.

RSS feed for comments on this post.

Sorry, the comment form is closed at this time.

Go to Top

Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.